2023 SRD to GNF Historical Review

YEARLY HIGH

278.0639 GNF

YEARLY LOW

222.6680 GNF

YEARLY AVERAGE

236.4844 GNF

2023 SRD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 278.0639. Conversely, the yearly low was recorded on September 4, dropping to 222.6680.

This high-to-low spread represents a total annual volatility of 55.3958 GNF. From a start-to-finish perspective, comparing the January average rate of 272.4187 to the December average rate of 230.2432, the exchange rate registered a net change of -15.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 278.0639 was down 37.95% compared to the 2022 peak of 448.1449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 1,390,319 GNF

2022 Average 1,864,849 GNF

Yearly Trough Low 1,113,340 GNF

Transaction Impact: A difference of 276,979.18 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

277.1936

219.8941

JanuMarcMayJulySeptNove

SRD to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 246.5817, compared to 226.3871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.1946 points.

H1 Avg (Jan–Jun) 246.5817

H2 Avg (Jul–Dec) 226.3871

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 22.8854 GNF (High: 262.5142 / Low: 239.6288). On the other end, August was the most stable month, with a tight range of 2.8772 GNF (High: 226.5677 / Low: 223.6905).

March Spread (Volatile) ±22.8854

August Spread (Stable) ±2.8772

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 15.9207 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.9207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 272.4187) against the same month in 2022 (average: 429.9745), the exchange rate shifted by -157.5558 (-36.64%).

2023 Avg (January) 272.4187

2022 Avg (January) 429.9745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	278.0639	265.6647	272.4187
February	273.5468	255.5525	263.5994
March	262.5142	239.6288	249.8142
April	240.4322	228.0870	233.8935
May	233.0814	227.6727	230.9665
June	231.9120	224.8874	228.7980
July	232.4421	223.0138	226.5702
August	226.5677	223.6905	224.9932
September	226.2154	222.6680	224.6690
October	227.6044	223.8738	225.4461
November	228.0125	223.9918	226.4008
December	234.4436	227.1684	230.2432